EFG International (Guernsey) Limited launches cash tender offer; EFG International AG intends to issue new Additional Tier 1 notes

In line with EFG’s active management of its capital base and to provide holders with the opportunity to redeploy proceeds, EFG is today announcing that its 100% subsidiary EFG International (Guernsey) Limited is extending a tender offer to the holders of the Tier 2 notes issued on 05 April 2017 and specified below, and concurrently with this offer EFG intends to issue Additional Tier 1 notes in order to use the expected net proceeds, in whole or in part, to fund the tender offer.